Flood Insurance Fact Sheets
FMA ICA Flood Insurance Fact Sheets
The FMA together with the Insurance Council of Australia has put together three Flood Insurance Fact Sheets covering Flood Insurance Pricing, Insurer Flood Data Requirements and Sharing Flood Risk Information for use by our FMA Members.
Download Flood Insurance Pricing Fact Sheet
Flood Insurance Template Fact Sheets
As advised at the 2014 AGM former Communications Director Brooke O’Rourke and Technical Director Danny Rose have drafted a template flood insurance fact sheet which Member Councils can use for community education purposes.
The fact sheet is based on an excellent document developed by Lake Macquarie City Council in conjunction with the Insurance Council of Australia (ICA).
It is clear that the community is having a difficult time understanding the various roles of Councils and insurers in the assessment and pricing of flood insurance, and is confusing concepts such as probable maximum flood and climate change with present flood risk. The fact sheet template can be tailored to suit individual requirements, and is provided in two versions, one for coastal councils and the other for inland councils.